Founded by the College Foundation, Inc., a NC Assist Loan is a low-interest financing option that bridges the gap to higher education, making up the difference between the price tag of college and the financial aid received.
Most American students will need to take out loans in order to finance their higher education — NC Assist Loans were created to help. Founded by the College Foundation, Inc., these low-interest financing options bridge the gap to higher education, making up the difference between the price tag of college and the financial aid received.
In order to qualify for NC Assist Loans, students must be from North Carolina or attend an eligible school within the state. The program offers two types of loan options with competitive interest rates: the student loan, with a fixed interest rate of 5.75% and a parent loan option, with a fixed interest rate of 5.25%. While the goal of NC Assist is to help students secure as much federal aid as possible, the student and parent loans are affordable alternatives to most private loan options and some federal loan options on the market.
In addition to NC Assist, CFI also provides general information on grants, loans, and work-study programs available to students through the College Foundation of North Carolina.